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New Two-Family Duplex with Garage
For Sale
$1,250,000

747 Rahway Avenue, Elizabeth, NJ 07202

Brand-new income property with two separately serviced residences, flexible ground-level space, and contemporary interior finishes.

Property SizeContact for details
Days on Market339

Property Features for 747 Rahway Avenue

General Information

Standard status Active
Total Parking Spaces 2
Property subtype Multi Family / 3-Three Story

Units

Unit Mix 2 x 3BR/2BA
Multifamily Units 2

Taxes and HOA fees

Annual Taxes $8,296

Amenities

central AC/heat
laundry room
No
Asphalt Shingle
Carbon Monoxide Detector, High Ceilings, Smoke Detector, Tile Floors, Walk-In Closet, Wood Floors
Slab
Vinyl Siding

Building Details

Year Built 2025
Buildings 1
Listing Agency: EXIT REALTY LUCKY ASSOCIATES
Listed By: SOPHIA CARDOSO · License #301164
Source: Compass
Added: Sep 28, 2025 Changed: Aug 30 Last Checked: Aug 31 at 10:00PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of EXIT REALTY LUCKY ASSOCIATES

Investment Insights

Based on property information with market context.

Completed in 2025, this duplex includes two distinct residences with matching three-bedroom, two-bathroom layouts. Each apartment provides a living room, dining area, kitchen, and laundry room, while wood and ceramic flooring are used throughout the main living areas. Central air conditioning and heat serve the property, and the units have separate utilities.

The first-floor arrangement adds an oversized two-car garage, a recreation room, a full bathroom, and an additional laundry room. Ground-level areas feature vinyl flooring, while the exterior is finished with vinyl siding over a slab foundation. Interior features include high ceilings, a walk-in closet, tile floors, wood floors, smoke detection, and carbon monoxide detection.

Key Highlights

  • 2025‑built duplex with two three‑bedroom, two‑bathroom apartments
  • Separate utilities and central AC/heat
  • Oversized two‑car garage with recreation room and full bathroom

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick Acupuncture HVAC Service Nursing Home Locksmith Tanning Salon (Bike/Boat/Book/etc) Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

2
Residential units

Location Intelligence

Trade Area within ½ mile

1,488
Businesses Nearby

Demographics for 07202, NJ

43,389
Population
15,866
Households
2.7
Avg Household Size
36
Median Age
13%
College-Educated
76%
High-School Grad
2.3 sq mi
ZIP Area
18,865
Density / Sq Mi
$68,071
Median Household Income
$40,505
Median Earnings
$1,508
Median Rent
$358,000
Median Home Value

Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Duplex - Brand-new income property with two separately serviced residences, flexible ground-level space, and contemporary interior finishes.
Where is this duplex located?
The property is located at 747 Rahway Avenue Elizabeth, NJ.
What is the asking price?
The asking price for this property is $1,250,000.
What are key features of this property?
This property features: 2025‑built duplex with two three‑bedroom, two‑bathroom apartments; Separate utilities and central AC/heat; Oversized two‑car garage with recreation room and full bathroom
More about this property
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